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Leveraging Oracle RMCS to Meet ASC 606/IFRS 15 Requirements

Industry:

IT Services

Region:

USA

Technology:

Oracle

About Oracle RMCS

Oracle RMCS helps organizations in automating the identification and creation of customer contracts and performance obligations, their valuations, and accounting entries through a configurable framework.

The Solution
  • Support for “point in time” and “overtime” revenue recognition.
  • Exception transactions review and action by revenue managers.
The Benefit
  • Pre-built integration for Oracle Fusion Cloud and Oracle E-business suite.
  • Automatic revenue allocation/recognition across performance obligations within each contract.
Read The Full Case Study

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